XML 34 R22.htm IDEA: XBRL DOCUMENT v3.22.1
RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Mar. 31, 2022
RELATED PARTY TRANSACTIONS (Tables)  
Schedule of shares earned by related party

Officer and Director

 

Initial Share Awards Under the Contracts

 

 

Additional Shares Earned to Maintain Ownership Percentage

 

 

Total Shares Earned

 

President

 

 

1,028,910

 

 

 

7,607,269

 

 

 

8,636,179

 

Chief Financial Officer

 

 

617,346

 

 

 

4,036,223

 

 

 

4,653,569

 

Total

 

 

1,646,256

 

 

 

11,643,492

 

 

 

13,289,748

 

Schedule of annual salary and annual severance amounts

Officer and Director

 

Fiscal Year Annualized Compensation Base Being Paid

 

 

Non-dilutive shares percentage

 

President and CEO (2)

 

$252,000

 

 

 

12%

Chief Financial Officer (1)

 

$180,000

 

 

 

6%

Director (3)

 

$20,000

 

 

 

-

 

Total

 

$452,000

 

 

 

18%